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Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic Crash
Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic CrashElliott Management, a $70 billion hedge fund, has issued a stark warning, arguing that the Trump administration's enthusiastic support for cryptocurrencies is fueling a dangerous speculative frenzy that could lead to unpredictable and "severe disruption" once the bubble bursts. The warning, reported by the Financial Times on Friday, January 31st, in a letter to investors, sharply criticizes the US government's embrace of these "inherently valueless" assets, accusing some politicians of supporting assets that could challenge the dollar's dominance...
Blockchain 2025-01-31 17:04:14 -
Xiaomi 15 Ultra: Global Launch at MWC 2025, a Flagship Imaging Powerhouse Arrives!
Xiaomi 15 Ultra: Global Launch at MWC 2025, a Flagship Imaging Powerhouse Arrives!The launch date of the Xiaomi 15 Ultra has been highly anticipated. Recent news indicates a pre-launch marketing campaign beginning after the holiday season, with a planned initial release in the Chinese market in February...
Mobile Internet 2025-01-31 15:39:29 -
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss Expectations
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss ExpectationsTesla's Q4 2023 earnings report revealed a significant boost to its performance thanks to its Bitcoin holdings, driven by the implementation of a new accounting standard. CFO Vaibhav Taneja announced on Wednesday's earnings call that Tesla's net income received a $600 million uplift due to the adoption of a new digital asset accounting method, primarily resulting from mark-to-market gains on its Bitcoin holdings...
Blockchain 2025-01-31 15:24:57 -
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service Efficiency
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service EfficiencyFinancial News reported on January 31, 2025, that China Construction Bank Corporation (CCB) filed a patent application in September 2024 for a "Data Processing Method, Device, Equipment, Medium, and Program Product Based on Fee Payment," with the publication number CN119379293A. This patent aims to leverage blockchain technology to improve the efficiency and security of fee payment data processing, further optimizing CCB's financial services...
Blockchain 2025-01-31 15:17:22 -
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto Regulation
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto RegulationBitcoin prices extended their biggest weekly gains, climbing 1.3% to approximately $10,513 as of 8:30 AM ET Thursday...
Blockchain 2025-01-31 15:03:37 -
Tech News Roundup: January 31, 2025
Tech News Roundup: January 31, 2025Friday, January 31st, 2025 saw a flurry of significant tech news. Let's recap the major events from last night and this morning...
Mobile Internet 2025-01-31 14:50:47 -
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and Privacy
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and PrivacyOn January 31, 2025, the State Intellectual Property Office of China revealed that Yunnan Power Grid Corporation's Information Center had applied for a patent titled "A Data Authorization Method and System Based on Blockchain and Homomorphic Encryption," with publication number CN119379286A and an application date of October 2024. This patent represents a significant breakthrough in data security and privacy protection, offering new possibilities for future data authorization and trading models...
Blockchain 2025-01-31 14:46:58 -
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong Surge
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong SurgeCounterPoint Research recently released a report revealing that the Indian smartphone market achieved record-high total revenue in 2024. This surge is primarily attributed to the robust growth of the premium segment and increased consumer preference for high-priced phones...
Mobile Internet 2025-01-31 14:29:50 -
Cook: iPhone Innovation Far From Over; Optimistic About "Efficiency-Driving Innovation"
Cook: iPhone Innovation Far From Over; Optimistic About "Efficiency-Driving Innovation"Apple CEO Tim Cook recently offered a positive outlook on future product innovation and emerging AI technologies during the company's earnings call. These comments not only addressed investor concerns about Apple's future growth potential but also offered valuable insight into the future direction of the technology industry...
Mobile Internet 2025-01-31 14:17:47 -
Samsung Galaxy S25 Edge: Sleek Design, Powerful Performance, Arriving with a Bang
Samsung Galaxy S25 Edge: Sleek Design, Powerful Performance, Arriving with a BangThe highly anticipated Samsung Galaxy S25 Edge, officially named the Galaxy S25 Slim, made a stunning debut at its launch event, captivating the industry with its remarkably slim design. While Samsung hasn't yet released detailed specifications, numerous rumors have circulated online...
Mobile Internet 2025-01-30 22:59:53 -
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phones
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phonesRecently spotted at China's Ministry of Industry and Information Technology (MIIT), the TCL T551M, a 5G rugged industrial phone, has garnered industry attention. Specifically designed for harsh industrial environments like oil fields, gas plants, mines, and chemical facilities, this phone has undergone rigorous durability testing, proving its reliability as a communication tool in demanding settings...
Mobile Internet 2025-01-30 21:54:29 -
OPPO Find N5 and Find X8 Ultra: Flagship Lineup Set for First Half of 2024
OPPO Find N5 and Find X8 Ultra: Flagship Lineup Set for First Half of 2024OPPO is poised to launch several new phones in the first half of 2024, including highly anticipated flagship imaging and a new foldable phone. These releases are expected to redefine perceptions of OPPO phones and deliver an unparalleled user experience...
Mobile Internet 2025-01-30 21:45:28
